Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

Aleksei Repik: the sun of Russian-Japanese business is only rising

A Russian-Japanese business conference "The Present and Future of Russian-Japanese Business Cooperation" is being held today in Tokyo.

The head of the Russian business mission in Japan is Alekei Repik, President of Business Russia, member of the Public Chamber of the Russian Federation. Within the framework of the event, a presentation of the newly created Russian-Japanese Business Council took place, which has as its goals the development of joint investment projects, technological and industrial cooperation of Russian and Japanese companies with subsequent entry into the markets of third countries. The mission is also attended by Deputy Ministers of Economic Development Maxim Shereykin and Stanislav Voskresensky, representatives of Russian business in a wide range of industries - coal and energy, agriculture, food industry, forestry and woodworking, pharmacology, medical technology.

Alexei Repik, President of Delovaya Rossiya, said at a press conference that the focus of Russian-Japanese economic cooperation is shifting from trade to long-term investment projects.

The change in the focus of relations, including, is connected with the depreciation of the ruble: “Thus, the weakening of the ruble affected the projects related to the export of Japanese goods to Russia. But at the same time, the production of goods in Russia has become more attractive, the cost of labor forces have become more competitive, ”explained Aleksey Repik.

The President of "Business Russia" noted that the overall thrust of the Japanese business vision is not aimed at "tearing off the fruits that hang low", but on stable long-term investment projects -

"The sun of Russian-Japanese business only goes back. I am sure that we will be able to see the results of the last years in two or three or four years ", - Repik underlined.

May 10: current information on coronavirus in the Far East
Digest of regional events and latest statistics